Chainalysis expanded its blockchain monitoring platform to support Stellar tokens, enabling automatic coverage for fungible and non-fungible tokens deployed to the network. The integration includes KYT alerts, entity screening, and transaction investigation tools for tracking fund flows and identifying illicit activity.
Chainalysis announced upgraded support for Stellar, extending its monitoring capabilities beyond the native XLM token to include automatic coverage for new fungible and non-fungible tokens adhering to Stellar's classic token standard and smart contract-based assets. The integration enables customers to monitor Stellar tokens through Chainalysis KYT with actionable alerts and continuous monitoring, while also integrating into entity screening products and the Reactor investigations tool. This allows users to track fund flows across Stellar tokens, investigate transactions, visualize money movements, and identify potential illicit activity. Stellar, founded in 2014, currently has approximately $187 million in total value locked and serves as a leader in tokenization and cross-border payments.